Sumitomo Mitsui Construction Advances Corporate Governance and Diversity

Sumitomo Mitsui Construction Co., Ltd. (JP:1821) has released an update.

Sumitomo Mitsui Construction Co., Ltd. has outlined its corporate governance policy, emphasizing efficient and fair management, transparency, and accountability. In pursuit of sustainable growth and increased corporate value, the company is reducing its cross-shareholdings balance by 50% from FY2022 levels and has achieved a consolidated net asset ratio of 6.1% ahead of schedule. Additionally, they are committed to diversity and inclusion, with initiatives to promote female and foreign national employees into managerial positions.

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